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2217 Morozoff News Story

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Consumer DefensivesConservativeSmall CapNeutral

Japan's Morozoff jumps after co raises profit margin target, dividend outlook

** Morozoff  2217.T  jumps 8.6 pct to 7,230 yen, highest
since Feb 5
    ** Co revises mid-term business plan, raises operating
profit margin goal to 6.8 pct from 6.2 pct for FY ending Jan
2020  urn:newsml:reuters.com:*:nTSNb74fc1
    ** Co raises annual dividend payout outlook to 100 yen/share
from 70 yen/share for FY ending Jan 2018  urn:newsml:reuters.com:*:nXB0TRJ6VA
    ** As of the previous close, the stock had fallen 15.05
percent so far this year 
    ** As of 01:12 GMT, about 14.50 thousand shares of the
Hyogo-ken-based company have been traded, about 141.3 percent of
their 30-day moving average of 10.26 thousand shares a day
 
    

 (Reuters
Messaging:ayai.tomisawa.thomsonreuters.com@reuters.net)

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